Press release
Automotive Seats Market Research Analysis: Recent Industry Data, Emerging Trends And Forecast To 2029
The global Automotive Seats Market is expected to grow at a 3.6% CAGR from 2022 to 2029. It is expected to reach above USD 67.81 billion by 2029 from USD 50.19 billion in 2020.Exactitude Consultancy research's "Automotive Seats Market Forecast" study report focuses at sales and the overall global market for Automotive Seats in 2022. The sales forecast for Automotive Seats by region and market sector for the years 2023 through 2029 is then thoroughly analyzed. This study provides a comprehensive analysis of the global Automotive Seats market, with sales of Automotive Seats broken down by region, market sector, and sub-sector, in US$ million.
Based on market dynamics and development-promoting variables, the Automotive Seats Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.
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Driver:
Mid-segment automobiles and SUVs are increasingly using powered seats.
Over time, the share of SUVs has practically doubled due to a sharp shift in consumer preference for larger vehicles. The IEA estimates that in 2021, there will be more than 35 million additional SUVs on the road globally. SUVs account for over half of all vehicles sold in the US and one-third of vehicles sold in Europe. India currently has fewer SUV sales than western nations. However, OEMs are releasing affordable compact SUVs, which is drawing customers. Because they are more affordable than full-size SUVs, tiny SUVs are becoming more and more popular in India.
competitive analysis
The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global Automotive Seats market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.
Major companies in Automotive Seats Market are:
Faurecia, Gentherm, Lear Corporation, Magna International Inc, Nhk Spring Co., Ltd, Tachi-S Co., Ltd, Toyota Boshoku Corporation, Ts Tech Co., Ltd, Adient Plc, Aisin Seiki Co., Ltd
Recent Developments:
May 4, 2022 Gentherm in Northville to Purchase German Automotive Seating Business for $189M
Adient plc is a company based in the United Kingdom. Cardyon, a chemical created with Covestro's CO2 technology, was introduced as a sustainable feedstock for foam production in September 2021. This supply chain sustainability milestone aids in reducing Adient's scope 3 emissions as determined by the Greenhouse Gas Protocol.
Toyota Boshoku unveiled a cabin area in May 2021 that delivers multimodal sensory stimulation during autonomous driving to rejuvenate and awaken its occupants pleasantly.
Automotive Seats Market Segmentation:
Automotive Seats Market by Component, 2020-2029, (USD Million), (Thousand Units)
Armrest
Pneumatic System
Seat Belt
Seat Frame And Structure
Seat Headrest
Seat Height Adjuster
Seat Recliners
Seat Track
Side/Curtain Airbags
Automotive Seats Market by Trim Material, 2020-2029, (USD Million), (Thousand Units)
Genuine Leather
Synthetic Leather
Fabrics
Polyurethane Foam
Automotive Seats Market by Technology, 2020-2029, (USD Million), (Thousand Units)
Heated Seat
Heated & Powered Seat
Powered, Heated & Memory Seat
Powered Seat
Standard Seat
Powered, Heated & Ventilated Seat
Powered, Heated, Ventilated & Memory Seats
Powered, Heated, Ventilated, Memory & Massage Seats
Automotive Seats Market by Electric Vehicle, 2020-2029, (USD Million), (Thousand Units)
Battery Electric Vehicles
Plug-In Hybrid Electric Vehicles
Fuel Cell Electric Vehicles
Automotive Seats Market by Seat Type, 2020-2029, (USD Million), (Thousand Units)
Bucket Seat
Split Bench
Automotive Seats Market by Vehicle Type, 2020-2029, (USD Million), (Thousand Units)
Passenger Car
Light Commercial Vehicle
Heavy Trucks
Bus
Automotive Seats Market by Region, 2020-2029, (USD Million), (Thousand Units)
North America
Europe
Asia Pacific
South America
Middle East And Africa
Important Countries In All Regions Are Covered.
Our market analysts are professionals at carefully categorizing the global Automotive Seats market into various categories and assessing each segment's growth potential in detail. The research study begins with a comparison of the segments' consumption and growth rates throughout a nine-year assessment period. The report's segmentation study, which considers the market potential of the various categories examined, provides an excellent understanding of the global Automotive Seats market. Businesses can better understand their target market by segmenting it, which enables them to create marketing plans and products that are tailored to particular categories. Here are two typical methods for market segmentation: by kind and by application.
This report also splits the market by region:
The United States, Canada, and Mexico make up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe. Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.
The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.
Strategic Points Covered in Table of Content of Global Automotive Seats Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Seats market
Chapter 2: Exclusive Summary - the basic information of the Automotive Seats Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive Seats
Chapter 4: Presenting the Automotive Seats Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Automotive Seats market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Browse a Detailed Summary of the Research Report @ https://exactitudeconsultancy.com/reports/7504/automotive-seats-market#request-a-sample
Thank you for reading it all the way to this point.
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EMAIL ADDRESS: sales@exactitudeconsultancy.com
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Exactitude Consultancy is a Market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So, whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way.
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